What were the opportunity costs of the decision

Assignment Help Macroeconomics
Reference no: EM13178634

The United States is one of the worlds, weathiest countries. Think of a recent case in which the dicisions of the U.S. governement were severely consrained by scarcity. Describe the trade-offs that were involved. What were the opportunity costs of the decision that were actually made?

Reference no: EM13178634

Questions Cloud

Describe highest boiling point to lowest boiling point : After calculating their boiling points, place the following aqueous solutions in order of highest boiling point to lowest boiling point. You must show all work in detail to receive credit: 0.1 m NaCl, 0.05 m Na2S, 0.08 m C6H12O6
What is the percentage increase in production : What is the percentage increase in production when valued at 2009 prices is ___21.6______percent. Answer to 1 decimal place.2008: Lattes 97/$7 each Cappuccinos 53/$5 each 2009: Lattes 114/$8 each Cappuccinos 69/7$ each
State and describe the neutralization reaction : if you titrated it with .233 M sodium hydroxide solution, and it took 8.33 ml of the base to neutralize the acid, what was the concentration of the nitric acid? Write the Neutralization reaction, balance it, NAME the products THEN solve the proble..
Write a short essay using the market failure analysis : Write a short essay, using the market failure analysis, to justify why the U.S. government should or should not be involved in the provision of (1) airport security and (2) medical care.
What were the opportunity costs of the decision : The United States is one of the worlds, weathiest countries. Think of a recent case in which the dicisions of the U.S. governement were severely consrained by scarcity. Describe the trade-offs that were involved. What were the opportunity costs of..
Define horizontal unheated tube : Discuss the probable reasons for the differences in flow patterns in a horizontal heated tube as compared to (i) vertical heated tube (ii) horizontal unheated tube?
How does the market guide the decisions : Consider a farm in the former Soviet Union. Try to describe how dicisions on the number of chickens to be raised, and the amount of each feed to use in raising them, were made under the old communist regime.
Alkenes to anionic polymerization the phenyl is reactive : Why is H2C=CHC6H5 more reactive to cationic polymerization than H2C=CHCH3? but then when we compare those same two alkenes to anionic polymerization the phenyl is still more reactive?
Determine how the abatement levels should be reallocated : It is well documented that carbon monoxide (CO) emissions from combustible engines increase in colder climates. This implies that damages are expected to be less severe in summer months than in winter. Nonetheless, air quality control authorities..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Illustrate what are institutional arrangements

Illustrate what are institutional arrangements. Why are they considered important fundamental determinants of economic growth and development.

  Solving problem on opportunity cost

Assume that there are 2-states that do not trade, Iowa and Nebraska. Each state manufacture the similar two goods: corn and wheat.

  Basic demands for money

Money is an interesting topic and there is much to learn that is not common knowledge regarding how we create money, especially money that is just printed!

  Draw an as-ad diagram

Draw an AS/AD diagram which shows what happens if strong growth in AD has pushed actual RGDP to a level above potential (full employment) RGDP.

  Determine the measured unemployment rate

Assume the population over age 16 is 160 million, number of discouraged employees is 10 ml, the labor force is 110 ml and the total employment is 90 ml.

  The knowledge you have collected in this course on monetary

the knowledge you have collected in this course on monetary and fiscal policy actions, critically describe the transmission process.

  Price regulation in product markets

This document shows evaluation of alternative approaches to analysing the effectiveness of public policy and Assess the impact of government policies on selected areas.

  Elucidate from a financial point of view why a firm

Elucidate from a financial point of view why a firm might want to stay in business in the short run when total revenue is below total costsElucidate from a financial point of view why a firm might want to stay in business in the short run when tota..

  Airline decision to remain in business

Airway Express has evening flight from Los Angeles to New York with average of 80 passengers and return flight the next afternoon with average of 50 passengers. Should the airline remain in business?

  Macroeconomic models

The fear of unwanted price wars may explain why many firms are reluctant and suppose that a new machine tool having a useful life of only one year costs $80,000. Exam: 050474RR - MACROECONOMIC MODELS AND FISCAL POLICY

  If an owner of a industry wanted to make a trip

If an owner of a industry wanted to make a trip for non-business use and their lost wages was not tax-deductible.

  Explain the general formula for the sample average

Suppose we have a data set with only two observations, y1 and y2. The general formula for the sample average is: sample average=1/2(y1+y2) Suppose y1 and y2 are sampled from the population in such a way so that they are correlated with each other.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd